California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$191M |
| 2 |
ExxonMobil
XOM
|
+$166M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$143M |
| 4 |
Microsoft
MSFT
|
+$139M |
| 5 |
Wells Fargo
WFC
|
+$123M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DELL
DELL INC
DELL
|
+$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
+$45.3M |
| 3 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$32.5M |
| 4 |
NYX
NYSE EURONEXT INC
NYX
|
+$31.4M |
| 5 |
Perrigo
PRGO
|
+$28.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.93% |
| 2 | Technology | 13.51% |
| 3 | Healthcare | 12.03% |
| 4 | Industrials | 11.52% |
| 5 | Energy | 9.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2151
PBF Energy
PBF
$8.81B
| $1.82M | ﹤0.01% |
58,300
+29,200
| +100% | +$797K |
|
2152
Innoviva
INVA
$1.5B
| $1.82M | ﹤0.01% |
66,145
-89,923
| -58% | -$2.63M |
|
2153
Artisan Partners
APAM
$3.03B
| $1.81M | ﹤0.01% |
28,100
+25,100
| +837% | +$1.5M |
|
|
AVX
2154
DELISTED
AVX Corporation
AVX
| $1.81M | ﹤0.01% |
128,800
-9,534
| -7% | -$129K |
|
|
TNGO
2155
DELISTED
Tangoe, Inc.
TNGO
| $1.81M | ﹤0.01% |
99,500
+5,300
| +6% | +$101K |
|
|
DMND
2156
DELISTED
DIAMOND FOODS, INC.
DMND
| $1.81M | ﹤0.01% |
72,400
-32,940
| -31% | -$788K |
|
|
MNI
2157
DELISTED
The McClatchy Company Class A Common Stock
MNI
| $1.81M | ﹤0.01% |
54,964
-3,620
| -6% | -$110K |
|
2158
Casella Waste Systems
CWST
$5.79B
| $1.81M | ﹤0.01% |
314,700
-900
| -0.3% | -$5.23K |
|
2159
Titan International
TWI
$438M
| $1.8M | ﹤0.01% |
100,000
-2,387
| -2% | -$38.2K |
|
2160
Griffon
GFF
$4.8B
| $1.8M | ﹤0.01% |
134,727
+8,680
| +7% | +$111K |
|
2161
Southside Bancshares
SBSI
$984M
| $1.8M | ﹤0.01% |
77,065
-7,786
| -9% | -$179K |
|
|
SMRT
2162
DELISTED
Stein Mart Inc
SMRT
| $1.8M | ﹤0.01% |
129,100
-12,948
| -9% | -$187K |
|
2163
Kadant
KAI
$3.91B
| $1.8M | ﹤0.01% |
43,962
+6,761
| +18% | +$254K |
|
|
FFG
2164
DELISTED
FBL Financial Group
FFG
| $1.8M | ﹤0.01% |
39,739
+4,273
| +12% | +$190K |
|
2165
Orthofix Medical
OFIX
$415M
| $1.79M | ﹤0.01% |
82,400
+7,951
| +11% | +$166K |
|
2166
Clean Energy Fuels
CLNE
$395M
| $1.79M | ﹤0.01% |
139,300
-3,266
| -2% | -$39.8K |
|
|
BSFT
2167
DELISTED
BroadSoft, Inc.
BSFT
| $1.79M | ﹤0.01% |
68,000
-1,200
| -2% | -$35.5K |
|
|
TARO
2168
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $1.78M | ﹤0.01% |
18,100
+400
| +2% | +$34.7K |
|
2169
Acco Brands
ACCO
$399M
| $1.78M | ﹤0.01% |
278,919
+25,069
| +10% | +$159K |
|
2170
Ultrapar
UGP
$6.55B
| $1.78M | ﹤0.01% |
+149,000
| New | +$1.89M |
|
|
WNS
2171
DELISTED
WNS Holdings
WNS
| $1.78M | ﹤0.01% |
83,300
+5,400
| +7% | +$112K |
|
2172
XPO
XPO
$24.7B
| $1.78M | ﹤0.01% |
194,880
-3,470
| -2% | -$26.7K |
|
|
LIOX
2173
DELISTED
Lionbridge Technologies
LIOX
| $1.77M | ﹤0.01% |
295,700
-2,700
| -0.9% | -$13.6K |
|
|
BCOV
2174
DELISTED
Brightcove, Inc.
BCOV
| $1.77M | ﹤0.01% |
128,320
+74,020
| +136% | +$1.03M |
|
|
CSOD
2175
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $1.77M | ﹤0.01% |
33,400
-8,500
| -20% | -$422K |
|
Similar funds
California Public Employees Retirement System's Q4 2013 Portfolio in Review
As of Q4 2013, California Public Employees Retirement System held 4,184 positions worth $69B, up 28% from $54B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System deployed $9.68B of net new capital in Q4 2013, opening 203 new positions and adding to 1,884 existing holdings. Its largest new stake was Vodafone: 1,609,157 shares worth $64.1M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Melco Resorts & Entertainment, an estimated $45.3M trimmed.
- California Public Employees Retirement System's largest Q4 2013 buy was Vodafone: 1,609,157 shares worth $64.1M.
- California Public Employees Retirement System added most to Apple in Q4 2013, an estimated $191M increase.
- California Public Employees Retirement System's biggest Q4 2013 reduction was Melco Resorts & Entertainment, cutting an estimated $45.3M.
- California Public Employees Retirement System fully exited DELL INC in Q4 2013, selling an estimated $68M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $69B portfolio in Q4 2013.
- California Public Employees Retirement System opened 203 new positions and closed 206 in Q4 2013.
- California Public Employees Retirement System's portfolio value rose 28% quarter-over-quarter to $69B.
Based on California Public Employees Retirement System's 13F filing for Q4 2013, filed 11 Feb 2014.